Innovative Financing to Create and Sustain Healthy, Equitable Communities
Developments > Haywood House

Haywood House



Project at a Glance:
Location:
Newton
Development Type:
Rental,Senior Housing
MHIC Financing:
$7,904,210 in LIHTC financing
Sponsor:
Newton Housing Authority
Number of Units:
55
Date Completed:
5/30/2023

The project greatly furthers NHA’s organizational mission and goal to provide more affordable housing opportunities in the City of Newton. The creation of expanded community and social service programming space in the new development enables the NHA to grow its social services program and further its mission to enhance the quality of life for its residents. 75% of NHA units are 1-bedroom units for elders or persons with disabilities. Therefore, the 1-bedroom units for elders planned in the new development fit seamlessly within the NHA’s current portfolio.